Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.

Description

Serious investors, this is a true value-add opportunity in the heart of DeSoto County where solid BRRRR deals are getting harder to source. Currently configured as a 2-bedroom, 1-bath home with approximately 1,290 square feet, public record reflects 3 bedrooms, creating a clear path to force appreciation by restoring the 3rd bedroom. To realistically achieve the projected $150,000 ARV, a renovation & proper reconfiguration will be required. This is a light fixer-upper, but the footprint offers strong upside for the right investor. The backyard is generously sized & attractive for resale or rental demand, though the detached shed will likely need removal to maximize appeal. Located in a highly desirable area for first-time buyers & tenants, the property is projected to rent near $1,500 per month after renovation. Strong equity potential for investors who execute correctly. Will not go FHA. Contact a local realtor & schedule your private tour today! VIDEO AVAILABLE ON REQUEST! This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. All offers are subject to OFAC clearance.